$8M loss for Monmouthdespite union givebacks

1:02 PM,
Jan. 5, 2013

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Monmouth County's two government-run nursing homes are hemorrhaging a total of about $8 million a year, despite attempts to contain costs and fill empty beds, county officials said.

The county's John L. Montgomery Care Center in Freehold Township had been losing between $3 million and $3.2 million a year for the past five years and county officials in 2011 began considering selling it. A year ago, county officials gave the Montgomery Center a year and a half to make a financial turnaround before any decisions would be made about its future and that of the Geraldine L. Thompson Care Center in ...